Fusion Markets vs HYCM

Fusion Markets vs HYCM Comparison Table 2023
Fusion Markets	HYCM
Review 4.5	Review 3.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Fusion Markets is an Australian-regulated broker that offers low-cost forex and CFD trading. Copy trading, 1:500 leverage plus multiple account types are also available, catering to short-term traders of different experience levels and budgets. New clients can sign up and start trading in three straightforward steps.	HYCM is an online broker with authorization from four international bodies including the FCA and CySEC. The broker offers short-term CFD trading on forex, shares, commodities, indices, ETFs and Bitcoin, and supports the MT4 and MT5 platforms, as well as Trading Central analysis.
Bonus Offer
	10% deposit bonus up to $5,000
Comment by Reviewer
"We recommend Fusion Markets for traders looking for ultra-low fees, with spreads from 0.0 pips and a $2.25 per side commission. There's also an excellent range of charting platforms and auto-trading tools, including MT4, cTrader and DupliTrade."	"Traders looking for a multi-asset broker with good platform support, extra analysis features and strong regulation should try HYCM. The competitive raw-spread accounts will also serve scalpers and high-volume traders."
Pros
The broker offers a proprietary copy trading solution, alongside the popular DupliTrade tool Negative balance protection is available for ASIC-regulated regions Day traders can enjoy below-average commissions from $2.25 per side, plus spreads from 0.0 pips There's a good range of market analysis tools and research, including Analyst Views and Market Buzz Cryptocurrency trading is available, including popular assets like BTC/USD and ETH/USD Fusion Markets offers free US share investing with leverage up to 1:20 Experienced clients can access a sponsored VPS solution	The low $20 minimum deposit is suitable for beginners, as well as the Fixed spread account with no commissions The broker is overseen by trusted regulators, including the FCA MT4 and MT5 integration ensures that active day traders can access a vast selection of technical charting tools There's a good range of free analytical tools, particularly Seasonax for pattern analysis Spreads are competitive in the Raw account, starting from 0.1 pips for EUR/USD Traders can access fee-free payments with rapid processing
Cons
There are limited educational materials, videos or training resources compared to alternatives There's no loyalty scheme for high-volume traders looking for discounts or additional perks	Not the best overall range of assets, with just 200+ stocks Market coverage varies quite significantly between account types and platforms There's a high commission of $4 each way on the Raw account
Awards
	Best Forex Broker 2021-2022 - Spain, Middle East, Asia, Germany Best Trading Platform App 2021 - Forex Expo Best Mobile Trading App 2020 - World of Finance Forex Award
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	Forex, CFDs, Commodities, Shares, Indices, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$0	$20
Trading Platforms
MT4 MT5 cTrader DupliTrade	HYCM Trader MT4 MT5 TradingCentral
Payment Methods
Bitcoin Payments Credit Card Debit Card Doku Wallet Dragonpay Ethereum Payments FasaPay Mastercard Neteller PayPal Perfect Money Skrill Sticpay TransferWise Visa Wire Transfer	Bitcoin Payments Ethereum Payments Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, VFSC	FCA, DFSA, CIMA, CySEC
Margin Trading
Yes	Yes
Margin Rate
	Variable upon regulation and jurisdiction
STP Account
No	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
The broker's native copy trading platform, Fusion+, offers access to experienced traders with low to zero fees and a hassle-free follower process. Alternatively, leading third-party tool, DupliTrade, connects aspiring investors with proven traders.
Social Trading
Yes	No
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD JPY CHF HKD SGD	USD EUR GBP RUB AED
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group London Metal Exchange Nasdaq New York Stock Exchange Toronto Stock Exchange	Australian Securities Exchange Hang Seng
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Palladium Platinum Silver Sugar Wheat Zinc	Coffee Copper Cotton Gold Oil Palladium Platinum Silver Sugar
CFD Trading
Trade CFDs on forex, metals, energies, shares, indices and cryptos with transparent prices. High leverage up to 1:500 is available and there are no account opening or deposit fees.	HYCM traders can access CFDs on a range of stocks, indices, commodities and ETFs with floating spreads and maximum leverage varying by instrument. Clients also have a choice between two industry-leading platforms.
Leverage
1:500	1:500
FTSE Spread
0.7	1.5
GBPUSD Spread
0.0	0.1
Oil Spread
0.0	2.0
Stocks Spread
0.01	Variable
Forex Trading
Trade over 90 pairs and keep costs to a minimum, with tight spreads and industry-leading commissions. Currencies can be traded 24/5 with no dealing desk intervention.	HYCM offers 40+ forex pairs, with most available to trade on either the MT4 or MT5 platform. The maximum leverage on offer is 1:30 in accordance with regulations, and tight spreads start from 0.2 on the Raw account and from 1.2 on the commission-free Classic account.
Forex App
The MT4 platform is available on Android and iOS. The application offers advanced charting, automated trading plus an integrated news stream. Clients can manage all forex trading activity from the free mobile app.
GBPUSD Spread
0.0	0.4
EURUSD Spread
0.0	0.1
EURGBP Spread
0.0	0.4
Assets
90+	40+
Cryptocurrency
Trade the best known cryptos paired with USD and 1:2 leverage. Fees are low and traders can speculate on leading tokens like Bitcoin and Ethereum on a powerful trading platform.	HYCM only offers trading opportunities on Bitcoin, which is traded via CFD in a pair with USD. Whilst exposure to the largest crypto by market cap is good, access to other digital currencies would bring the broker in line with competitors.
Spread
From 0.001	Variable
Coins
BTC BCH ADA ETH LTC EOS XLM DOT LNK AVAX SOL MATIC DOGE BNB	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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